SinoShip News (China): China’s Refinery Plans Call for More VLCCs
“Despite a slowing national economy brokers Poten & Partners reckon China could need an additional 96 VLCCs to meet…
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OPEAHAA: China Refinery Plans Call for More VLCC
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“Despite a slowing national economy brokers Poten & Partners reckon China could need an additional 96 VLCCs to meet…
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Tradewinds: US Products Exports Roar Back into Business
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“US products exports have grown in recent years amid shifting supply/demand patterns as surging US oil production and increasing…
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Bloomberg: Europe-U.S. Gasoline-Cargo Flow Seen Gaining in Broker Survey
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“The number of gasoline cargoes booked for shipment to the U.S. from Europe is poised to climb during the…
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Lloyd’s List: Aframax Tankers Ordered as Market Remains Precariously Balanced
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“US-based brokerage company Poten & Partners sees this versatility as key to recovery for aframax crude tankers in particular….
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Platts: FSRUs Serve as an Entry Solution to LNG Markets for Smaller Scale Imports
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“Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG…
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Wall Street Journal: Buffett’s Lesson for Keystone and Canada
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“Canadian oil producers face an even harder battle. Western Canadian Select, or WCS, is a relatively heavy grade of…
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Lloyd’s List: US Gulf Product Tankers’ Earnings Dip Below $1,000 Per Day
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“This route is also being hit by cargoes coming from Canada, which has become the main supplier of distillates…
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Bloomberg: Oil Export Law Forces Jump in Tanker Rates
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“Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws…
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Bloomberg: European Gasoline Crack Drops
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“European gasoline’s crack, or premium to Brent crude, dropped after reaching a four-month high yesterday on news of the…
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Lloyd’s List: Tanker Conundrum as Fixtures Rise but Earnings Fall
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“The tanker industry is struggling with poor freight rates and earnings, but all is certainly not doom and gloom…
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Lloyd’s List: Suezmax Sale Signals Fresh Low for Tanker Asset Values
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“Average earnings for suezmaxes will be $17,000 per day this year, Arctic Securities has forecast. US broker Poten &…
